DOCK stuck in descending channel
BINANCE:DOCKUSDT
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.